36. Grants by Central Government.—The Central Government may, after due appropriation made
by Parliament by law in this behalf, make to the Authority grants of such sums of money as the
Government may think fit for being utilised for the purposes of this Act.
37. Constitution of fund.—(1) There shall be constituted a fund to be called the Warehousing
Development and Regulatory Authority Fund and there shall be credited thereto—
(a) all Central Government grants, fees and charges received by the Authority;
(b) all sums received by the Authority from such other source as may be decided upon by the
Central Government;
(c) all sums realised by way of penalties under this Act.
(2) The fund shall be applied for meeting—
(a) the salaries, allowances and other remuneration of the members, officers and other employees
of the Authority;
(b) the other expenses of the Authority in connection with the discharge of its functions and for
the purposes of this Act.
38. Accounts and audit.—(1) The Authority shall maintain proper accounts and other relevant
records and prepare an annual statement of accounts in such form and manner as may be prescribed by the
Central Government in consultation with the Comptroller and Auditor-General of India.
(2) The accounts of the Authority shall be audited by the Comptroller and Auditor-General of India at
such intervals as may be specified by him and any expenditure incurred in connection with such audit
shall be payable by the Authority to the Comptroller and Auditor-General.
(3) The Comptroller and Auditor-General of India and any other person appointed by him in
connection with the audit of the accounts of the Authority shall have the same rights, privileges and
authority in connection with such audit as the Comptroller and Auditor-General generally has in
connection with the audit of the Government accounts and, in particular, shall have the right to demand
the production of books of account, connected vouchers and other documents and papers and to inspect
any of the offices of the Authority.
(4) The accounts of the Authority as certified by the Comptroller and Auditor-General of India or any
other person appointed by him in this behalf together with the audit report thereon shall be forwarded
annually to the Central Government and that Government shall cause the same to be laid before each
House of Parliament.
39. Furnishing of returns, Annual Report, etc., to Central Government.—(1) The Authority shall
furnish to the Central Government at such time and in such form and manner as may be prescribed, or as
the Central Government may direct to furnish such returns, statements and other particulars in regard to
any proposed or existing programme for the promotion and development of the warehousing industry as
the Central Government may, from time to time, require.
(2) Without prejudice to the provisions of sub-section (1), the Authority shall, within nine months
after the close of each financial year, submit to the Central Government an Annual Report giving a true
and full account of its activities including the activities for promotion and development of the
warehousing business during the previous financial year.
(3) Copies of the reports received under sub-section (2) shall be laid, as soon as may be after they are
received, before each House of Parliament.